"What you do by having an income tax rate reduction across the board, you really provide great incentives for people to work, produce, and increase output. So I would support a carbon tax in replacement for a progressive income tax."
American economist known for contributions to supply-side economics and for the Laffer Curve, which models relationships between tax rates and tax revenue. He has advised political leaders and policy institutions on fiscal and economic strategy. His work has been influential in U.S. tax policy debates.